Today’s Sun newspaper features our members Fair Finance, Five Lamps, Moneyline and Scotcash in this article about alternatives to high-cost credit. The article commends them “for their much more affordable loan costs,” highlighting how they only… Continue reading
News
CIC Blog: Ethnicity and Financial Exclusion
The UK is one of the most powerful financial centres in the world, yet financial exclusion remains a significant issue. At the same time, a recent report into racial prejudice in Britain today shows that despite… Continue reading
Podcast episode 4 – Charlotte Purdie, The Milk Lounge
Charlotte Purdie was a new parent with a problem. There was nowhere to go with the right facilities to enable her to feed her baby. So Purdie – then 21 – did something about it. She… Continue reading
Responsible Finance’s podcast launched
Responsible finance providers all over the UK lend to people, businesses and social enterprises. They provide finance that is fair to customers alongside support and advice, and in 2017 lent over £235 million to 61,163 customers,… Continue reading
Community Investment Coalition 2018 Manifesto
This May, seats are up for grabs on 150 local councils in England. In anticipation of this, the Community Investment Coalition urges local councils to make a commitment to tackling financial exclusion. Families struggling with unstable… Continue reading
Responsible Finance co-host transatlantic webinar on small business lending in the U.K and U.S
17.04.2018 In an effort to uncover better solutions to the capital access challenges facing American and UK small businesses and entrepreneurs, Responsible Finance partnered with US-based CDFA to examine the financing strategies pursued by public and… Continue reading
Responsible finance providers are key to tackling the ‘poverty premium’
18.04.2018 The average cost of the ‘poverty premium’ in 2017 was £490 per household per year, according to research by Bristol University. The poverty premium is when low income households pay more for essential goods and… Continue reading
Responsible Finance 2018 Local Elections Manifesto
Ahead of the 2018 local elections Responsible Finance calls on local councils to commit to building wealth through an inclusive local finance ecosystem. This will boost prosperity and engage the SME community in the local area.… Continue reading
The Times Newspaper: stars align for more responsible form of small company finance
Today’s Times newspaper features a two-page focus on responsible finance, “finance that aims to step in when viable small companies cannot secure funds from mainstream sources, whether because of a problematic or scant credit history, a… Continue reading
The cost of an unregulated business lending market
Amongst firms with a viable business plan, external finance is often a key requirement for business creation, survival and growth, particularly where personal and family-based resources are insufficient and a business cannot generate sufficient surplus… Continue reading